2023-12-31-accounts - Bournemouth Society For The Welfare Of The Deaf

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BOURNEMOUTH SOCIETY FOR THE WELFARE OF THE DEAF

ANNUAL REPORT FOR THE PERIOD JANUARY 2023 TO DECEMBER 2023

CHARITY NUMBER 1000542

TRUSTEES : KEITH SIMMONS MBE

COLIN KIRBY

PETER MALKIN

PAUL KIRBY

Introduction

The Trustees of the Bournemouth Society for the Welfare of the Deaf are pleased to present the annual report outlining the charity’s activities and financial position for the year. We remain committed to supporting the welfare and inclusion of the deaf community in Bournemouth and maintaining our assets to ensure the charity’s sustainability.

Property Update

The Society’s cottage continues to be rented out, providing a valuable income stream. During the year, we addressed ongoing damp issues in the property. Prokil, a damp specialist, applied an additional damp course treatment in two rooms, both internally and externally, while the tenants remained in residence. We are currently monitoring the situation to assess whether the issue has been fully resolved. Prokil has advised that any remaining damp problems are likely to be related to the lifestyle of the tenants, rather than structural issues.

In April 2023, new fencing was installed at the rear of the property to enhance security. This investment ensures the safety of the premises and its occupants.

Investment Update

Our investment with Canada Life continues to be maintained. The Trustees regularly review this investment to ensure it aligns with the charity’s financial strategy and provides stable returns to support our activities.

Hall Rental

We are pleased to report that the hall rental income has approximately doubled, showing significant recovery after the negative impact of the Covid-19 lockdowns. This is a positive sign for the charity, as it demonstrates growing demand for the space and provides an important revenue stream for our ongoing work.

Looking Ahead

The Trustees will continue to monitor the situation with the cottage and work closely with Prokil and the tenants to ensure the damp issues are fully addressed. We will also focus on maximizing the use of the hall and maintaining a close watch on our investment portfolio to ensure the long-term sustainability of the charity.

Conclusion

The Bournemouth Society for the Welfare of the Deaf has made steady progress over the past year. The Trustees remain committed to improving the charity’s services, maintaining our assets, and securing a stable financial future.

BOURNEMoimi SOClEfY FOR THE WELFARE OF THE DEAF OIKJ1r2023 TO 31112r2023 UNRESTRICTED RESTrICTED TOT FUND8 FUNDS 11.345 13.724 RECEIPTS: Cottagg rentsl Ho11 lettlngs other rhrtt8bl• •cM•s 11.345 13,724 25.356 25.356 T¢)tsl rnc•lpts 25.358 PAYPJEifrs: Cottage refvthshmgntlH•ll repolr8 UtllllleQther rnntsl eypen808 AdmlrThr cJWlt•• 4c11• 2.783 2,763 10,756 10.75e Tot•1 pfisrynvbts 10.756 10.758 NET (DEFICITWRPLUS FOR YEAR CASH FUNDS 3111W2022 CASH FUN08 3111212023 31M2f1023 CASH FUNDS.. 8•nk currwrt •CC(Mmt Total c&8h fiJnd• 52,693 INVESTMEKf ASSErs'. Cottagtt188lm•twl rn401 val> C•n8d8 Llf8 fund Ivalublthl 275,lJlXI 158,658 275,(KJJ 158,658 Tclol In¥•skn•nt 86Bots TOTL SOGIETY ASSETS MR.KSIMMC4S 2d2

BOURNEMOUTH SOCIETY FOR THE WELFARE OF THE DEAF CHARrrY NO: 1000542 UNAUDITED ACCOUNTS FOR YEAR TO: 31st DECEMBER 2023 TRUSTEES: MILKW.SIMMONS MR.C.KIRBY MKP.KIRBY MILP.MALKIN REGISTERED OFFICE: 27a PAORLEY ROAD BOURHEMOUTH BH5 2JJ 1rA2

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ BOURNEMOUTH SOCIETY FOR THE WELFARE OF THE DEAF members of On accounts for the year 31/12/2023 Charity no 1000542 ended (if any) Set out on pages 1 – 2 of the “BOURNEMOUTH SOCIETY FOR THE WELFARE OF THE DEAF” “Receipts and Payments Accounts” to 31/12/23

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2023.

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Date: 01/07/2024

Signed: Name: ROBERT FIELD BSc FCA Relevant professional ICAEW qualification(s) or body (if any): Address: AIMS ACCOUNTANTS 9 HINTON WOOD AVENUE BH23 5AB

Oct 2018

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